$560,000 - 5500 Yonge Street Unit 1403, Willowdale
Condo for Sale in Willowdale
New — Listed 7 days agoNeighbourhood: Willowdale West
- MLS Number
- C13682332
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Thornhill / Willowdale
- Lot Size
- 740 sqft
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Immaculately maintained2-BR unit located in the Pulse Condo, with a completely split bedroom floorplan for optimal privacy, no carpets, all wood laminate flooring throughout. Ceramic tiles in the kitchen and bathroom. This unit is flooded with natural light from the expansive floor to ceiling windows and south east exposure. An expansive 156 sq. ft., balcony runs the length of the apartment maximizing your outdoor enjoyment in the summer. The open concept living /dining area is ideal for entertaining, and allows for maximum use of the space. The U-shaped kitchen, has lots of cabinets, a tiled backsplash, undercounter lighting and large counter top to create your gourmet meals on. The large ensuite laundry room is equipped with a full sized (not condo sized) washer and dryer, as well as storage space for laundry items. The Pulse condo is well managed by a team of professionals that have kept maintenance fees low, while offering first class building amenities, including a 24 hr concierge, fully equipped gym, virtual golf, billiards/games room, large party room, TV/Media room, guest suites and ample free visitors parking. At 5500 Yonge Street, you are 5 minutes from the Yonge -Finch TIC subway station on Line 1, close to Edithvale Park, and Hendon Park, that feature baseball diamonds, tennis courts, basketball courts and splash pads. Numerous restaurants are just outside your door, along with Shoppers Drug Mart, convenience stores and grocery stores are all nearby. This unit is being sold with 1 parking spot and 1 standard locker with a bonus of an additional larger locker, with it's own dedicated entrance, ventilation and AC outlet.
Estimate your monthly payments for this property
Estimated Payment
$2,873.09/mo
Includes CMHC insurance ($15,624)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Willowdale West
Willowdale West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Willowdale West
- •Convenient location in Thornhill / Willowdale
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Willowdale West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
5500 Yonge Street Unit 1403, Thornhill / Willowdale
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Willowdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Willowdale West
I know Willowdale West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Willowdale properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.